UK-top 200 Yorkshire law firm Keebles LLP has advised Wakefield-based Real Estate Investments Group (REIG) on its acquisition of a popular Tesco Express store in Oldham, just one of the high-value deals the Group has completed during the Covid-19 pandemic.
REIG, headed up by Harpreet Banwait, has acquired over £10m of commercial properties within 12 months with a further two deals currently in the final stages of completion.
Led by Keebles’ Partner Craig Law, who boasts significant expertise in the real estate sector, the firm’s commercial property team acted as legal advisors to REIG and provided the correct expertise involved to complete the investment. Craig also ensured the deal moved forward and was completed on time and met all agreed timescales.
Craig Law said: “We were delighted to advise Harpreet to facilitate the Tesco Express acquisition. Harpreet is a fantastic businessman, a key player within commercial real estate and is really driven and enthusiastic to get deals done quickly and efficiently.
“I think the rate at which Harpreet is completing these deals in such quick succession, especially during the Covid-19 pandemic, shows his commitment to meeting REIG’s ambitious targets and investment returns.
“It is great to work with someone who is so motivated and who demonstrates the willingness to get things done and we look forward to working with Harpreet and REIG on future deals that we already have in the pipeline.”
REIG is a well-funded buyer of commercial real estate investments and owns property across sectors including industrial, retail, leisure, and food retail. The Group are long-term investors who purchase income generating real estate in sustainable sectors with predictable upwards rental growth.
Harpreet Banwait, managing director of REIG, said: “Thank you to Craig and the team at Keebles for advising on this acquisition of the Tesco Express in Oldham.
“Craig has been very responsive, ensured the process went through smoothly and that all agreed timescales were met.
“We’ve had a very successful year and we look forward to working with Keebles in the very near future to help us reach our target of exceeding £100m in assets under management as quickly as possible.
“REIG has committed to donating a percentage of its profit to support local and international charities through it’s Making an Impact Pledge.”
With offices in Sheffield, Doncaster and Leeds, Keebles is regarded as a key player by the Legal 500 and Chambers guides.